Looking for the latest news on global logistics and supply chain management? Get inside information on global shipping, warehousing, and foreign trade.
Moving products and services efficiently from one place to another requires logistics management. The same supply-chain management strategy is used in global logistics-only the number of variables is amplified. One of the best definitions of business logistics is “the process of planning, implementing, and controlling the effective and efficient flow of goods and services from the point of origin to the point of consumption.” The word “logistics” dates back more than 100 years, though we tend to equate the term now to the modern processes and technologies that have expedited materials management and distribution. The advantages to developing effective global logistics are many: new revenue opportunities from new markets is the most obvious, but there may also be increased economies of scale, and lower cost sourcing for everything from components to labor. Centralizing global production is one of the best ways to lower per-unit costs and resource budgets. The challenge comes in establishing relationships with international supply-chain partners, and/or building a global sales organization. It’s not enough to put all the pieces in place; it must be done in a way that maintains quality control across longer transit distances and transit times, and that delivers products to the end user at a reasonable value. The longer the supply chain, the more vulnerable it might be to damage or delivery interruptions caused by weather, equipment failure or other obstructions. While global logistics can be modeled, analyzed, visualized, and optimized with sophisticated simulation software, this is a procedure that will always be more reliant on human resources than machines to get the job done.
Building Resilient Supply Chains through Collaboration and Digital Connections
Collaboration and communication are increasingly important for effective continuity planning and business development in a complex and uncertain global supply… Read More
Warehouse Expansion Underway for Dachser Mexico
Dachser Mexico announced official plans for expanding its bonded warehouse located in Mexico’ss major manufacturing hub, Parque el Marqués at… Read More
SHIPPERS ON INTERMODAL: CHANGES NEEDED FOR GROWTH OPPORTUNITIES
The intermodal transportation sector is experiencing an interesting shift as of lately. The combination of disruptions from the pandemic while… Read More
7 Industry Experts Weigh In On Blockchain and the Fresh Food Supply Chain
Editor’s Note: While the writer filed this story before the magnitude of the global pandemic was known, the subject matter… Read More
Blockchain: The Next Big Tech Paradigm Shift
While most of blockchain’s success over the past decade has been linked to bitcoin, Ethereum, and other cryptocurrencies, distributed ledger… Read More
7 Steps to Create Good E-Commerce
In the midst of the recent release of the Best Online Shops 2021, Newsweek, DK Hardware CFO Art Goldman shares… Read More
New Fulfillment Frontier: Going the Last Mile in Package Management
We are moving into the traditionally high-volume shopping months—back-to-school, Black Friday, Cyber Monday, the holidays, and post-holiday sales. All this… Read More
4 Vital Trends Driving the Use of Dump Trucks Through 2025
According to a report by Global Market Insights, Inc., the global dump trucks market size is expected to be valued… Read More
Semiconductor Manufacturing Equipment Market is Projected to Reach USD 80 billion by 2026
According to a recent study from market research firm Global Market Insights, The adoption of technologies like AI and IoT… Read More
AI is Transforming the Manufacturing Industry: Pros and Cons
The expansion of the global economy continuously triggers the use of new technologies across sectors. There’s no doubt that the… Read More
Reinforcing Your Technology Infrastructure to Handle the Unexpected in the New Normal
The COVID-19 pandemic has impacted virtually every area of our personal and professional lives. The virus has changed everything from… Read More
Pros and Cons of Re-using Shipping Containers
If you keep up to date with the latest worldwide architectural trends, you must know that a lot of fuss… Read More
« Previous 1 … 188 189 190 191 192 … 547 Next »